Business Directories

'Smart' innovations for cities to be showcased

Abu Dhabi, March 16, 2014

Smart technologies and innovations for real estate and other industries connected to smart cities for citizens will be showcased at an event in Dubai this year.

The bi-annual ‘Smart living in a SMART City’ event, organised by UAE-based Tasweek Real Estate Marketing and Development along with Inside Investor, will be hosted in Dubai, followed by California and Singapore, said a statement.

The areas covered will include communication, infrastructure, transportation and logistics, environmental management and electricity and it will underpin sectors in real estate, finance, automotive, education, healthcare, telecom and utilities.

The initiative aims at creating an ecosystem with stakeholders coming from the government, the private sector and citizens who will be using or developing smart products.

It will have elements involving the civic community developing apps for smart initiatives prior to the event in Dubai and include partners from educational institutions and the entrepreneurial community to focus on human capital.

The Dubai event will focus on smart human capital, infrastructure technology and investment, showcasing the best and most innovative tech products that have come out of the US, Middle East and Asia.

The potential investment value is expected to reach up to Dh750 million ($200 million).

Masood Al Awar, Tasweek’s CEO, said: “Our goal is to identify smart products in real estate and related services in the Middle East, US and Asia that hold the most potential and bring them global.”

“Bringing such an event to Dubai, we can bring the best smart products through our intelligence and community platform into a smart city” said Kamran Saddique, CEO of Inside Investor. - TradeArabia News Service